HBAR Price Teeters Between Collapse and Comeback
HBAR's price has been stuck at $0.07 for 24 hours due to aggressive sell-side flow, but top traders are quietly loading up.
The momentum picture is ambiguous, with an RSI of 51 and a stochastic oscillator in oversold territory, indicating a slow-bleed setup.
HBAR has a hard structural floor at $0.07 where both the SMA 20 and SMA 50 converge, while the ceiling is defined by the SMA 7, SMA 200, and upper Bollinger Band at $0.08.
Despite retail traders being net short, top traders have a 1.37 long/short ratio, with 57.7% of their exposure long.
A binary resolution setup is expected, with the path of least resistance pointing towards either a continued grind to $0.06 or a grind towards $0.085 if smart money's long positioning pays off.